But then the host tells him to sneak in behind the doorman’s back. Question: When I arrived at our Airbnb rental in Tokyo, the security staff stopped us from entering the property and showed us a posted notification that short-stay rentals are prohibited. ( read original story ...)
Japan’s MUFG seeks majority of Indonesia’s Bank Danamon
TOKYO (Reuters) - Mitsubishi UFJ Financial Group (MUFG) (8306.T) said on Tuesday it agreed to buy 73.8 percent of Bank Danamon Indonesia (BDMN.JK), as it looks to build a foothold in Southeast Asia’s biggest economy. MUFG said it aimed to buy up to 100 ... ( read original story ...)
The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Japan’s Largest Financial Group MUFG to Make a Strategic Investment in Indonesia’s Bank Danamon
Mitsubishi UFJ Financial Group, Inc.’s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”) announced today that it has entered into conditional share purchase agreements with Asia Financial (Indonesia) Pte. Ltd. (“AFI”) and ... ( read original story ...)
Mitsubishi UFJ Financial : Japan’s largest financial group MUFG to make a strategic investment in Indonesia’s Bank Danamon
MUFG seeks to take a 73.8% majority stake in Bank Danamon, reaffirming Indonesia's importance in its regional strategy Japan, 26 December 2017 - Mitsubishi UFJ Financial Group, Inc.'s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. ("MUFG ... ( read original story ...)
Government-backed lender taps ex-Finance Ministry official as chief in ‘amakudari’ appointment
Former Vice Finance Minister Kazuho Tanaka has been tapped as the next governor and chief executive of Japan Finance Corp. to succeed Koichi Hosokawa, 70, one of Tanaka’s predecessors at the ministry. The transfer of the top post of a government ... ( read original story ...)
Japan government to promote fugu exports to Asia
It hopes to attain the goal by promoting fugu as a new “Japanese brand” foodstuff. Fugu has poison in various parts of the body, such as its skin and testis, depending on the species. In Japan, a licensing system for cooking fugu has been established. ( read original story ...)
Japan, South Korea Stocks Fall, While China Rebounds
Because of Samsung’s fourth-quarter pullback, the index had fallen five of the past seven weeks. Japan’s Nikkei Stock Average declined 0.2% after setting its latest 26-year closing high Monday. But department stores rose solidly Tuesday after ... ( read original story ...)
Tokyo 2020 Olympics could deploy facial recognition tech on a huge scale
Now the organizing committee of the Tokyo 2020 Olympics and Paralympics is taking notice of the technology, and wants to use it on a huge scale at the global sporting extravaganza, sources told the Japan Times recently. Developed by NEC Corp., the ... ( read original story ...)
Nikkei lifted by retail names, China stocks struggle
Japan’s Nikkei Stock Average NIK, -0.20% was down 0.2% in early afternoon trading, after setting its latest 26-year closing high Monday. But department stores rose solidly Tuesday after Takashimaya posted solid fiscal third-quarter earnings ... ( read original story ...)
Japan’s November consumer prices rise for 11th straight month
Japan’s core consumer prices rose for the eleventh straight month and household spending jumped in November, offering the central bank some hope a steady economic recovery will gradually drive up inflation to its 2 per cent target. But the increase in ... ( read original story ...)
Ultra-easy monetary policy weighs heavily on Japanese bank profits
Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan (BoJ ... ( read original story ...)
Japan’s household spending jumps but BOJ seen keeping stimulus
TOKYO (Reuters) - Japan's households spent more than expected in November while consumer inflation ticked up and the jobless rate hit a fresh 24-year low, offering the central bank some hope an economic recovery will drive up inflation to its 2 percent target. ( read original story ...)
Japan considers refitting helicopter carrier for stealth fighters: government sources
TOKYO (Reuters) - Japan is considering refitting the Izumo helicopter carrier so that it can land U.S. Marines F-35B stealth fighters, government sources said on Tuesday, as Tokyo faces China's maritime expansion and North Korea's missile and nuclear ... ( read original story ...)
Japan’s Denso considering $440 million investment in JOLED: Kyodo
TOKYO (Reuters) - Japanese auto parts maker Denso Corp is considering a 50 billion yen ($440 million) investment in organic light-emitting diode (OLED) panel maker JOLED, Kyodo news reported, citing sources close to the matter. JOLED, a Japan Display ... ( read original story ...)
Nikkei dips in thin holiday trade, Takashimaya lifts retailers
TOKYO, Dec 26 (Reuters) - Japan's Nikkei share average inched down on Tuesday, caught in a narrow range as the index lacked leads from other markets, while retailers were lifted after Takashimaya rose strongly on upbeat earnings. The Nikkei was 0.08 ... ( read original story ...)
Japan jobless rate lowest since 1993
Japan's unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that the world's third-largest economy is on track to recovery even if the place is slow. Figures released by the ... ( read original story ...)